Sweatcoin logo — Virtual currency rewarding physical activity

Sweatcoin

Virtual currency rewarding physical activity

Founded 2015 United Kingdom London, United Kingdom 176 employees Initial Coin Offering Total: $13.60M Crypto, Finance +2

General Information

Company Name Sweatcoin
Founded Year 2015
Location United Kingdom London, United Kingdom +2
Employees 176
Industries Crypto, Finance, Health and Wellness +1
Funding Stage Initial Coin Offering

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Homepage Update

Significant changes detected on company website (41.3% content change).

Actively Hiring Aug 21, 2026

Hiring for 1 position in the last 30 days.

AI Insight

Bounce Watch AI
2 weeks ago

Sweatcoin is undergoing a significant digital transformation, evidenced by a substantial 41% update to its website. This comprehensive refresh likely signals a strategic pivot, new product features, or an updated market approach. Concurrently, the company's minimal hiring for just one position suggests a focus on optimizing existing operations or targeting highly specialized roles rather than broad team expansion, aligning with a potential refinement of its core strategy.

Signal Types
Hiring Product Update
Strategic Labels
Digital Strategy Refresh Targeted Recruitment
Next Move: Product Launch
·
Impact: 7/10
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Ideal For: Digital Health Growth Investors

About Sweatcoin

Sweatcoin, founded in 2015, is a pioneering app in the Crypto, Finance, Health and Wellness, and Internet industries, headquartered in the United Kingdom. At its core, Sweatcoin transforms physical activity into a rewarding experience, with each step unlocking virtual currency that can be redeemed for real-world rewards.

The app's impact is undeniable, boasting over 200M+ downloads and securing a spot in the top 10 Health & Fitness apps globally. It is currently the number one app in over 42+ countries, with users collectively walking 23 trillion steps. Notably, it has delivered over $200M+ in rewards through partnerships with over 1,300+ brands including industry heavyweights like Nike and adidas.

Sweatcoin is well-capitalized, having raised $13.00M through an Initial Coin Offering with backing from prominent investors such as GSR Ventures, Electric Capital, and NEAR Foundation. This robust backing supports its mission to make 1 billion people more active every day, setting it apart as a valuable partner in health and fitness. With endorsements from reputable media like The New York Times and Forbes, Sweatcoin stands as a formidable innovator in motivating physical activity.

Taxonomy: Digital Health, Fitness Rewards, Behavioral Change, Virtual Currency, Physical Activity Motivation, Health & Fitness Apps, Gamification, Research Collaboration, Health Data Analytics, Remote Work Culture, Charitable Donations, Brand Partnerships, Mobile Technology, Prediabetes Management

Services & Products

incentive-based fitness app
movement tracking
reward system for physical activity
charity challenges
data-driven health improvement programs

Target Customers

individual fitness enthusiasts health-conscious consumers corporate partners insurers government health agencies charitable organizations

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Initial Coin Offering •••••• 7
Investor Investor Investor Investor
•••• ••••
28 Jul 2022
Non Equity Assistance •••••• 1
Investor
09 Sep 2019
Venture Round •••••• 2
Investor Investor
25 Jan 2019
Seed Round •••••• 1
Investor
17 Jan 2018
Angel Round •••••• 2 •••• •••• 01 Mar 2016

Sweatcoin Alternatives & Competitors

View All Alternatives
Sweatcoin vs
AXA Health
AXA Health United Kingdom

AXA's UK health and wellbeing specialists. We want to help you bring out your best selves.

2305 employees
Financial Services, Health Care
Sweatcoin vs
FitXR
FitXR United Kingdom

The leading VR/AR fitness company making fitness more fun and accessible for everyone.

Debt Financing
47 employees
Gaming, Health Care
Sweatcoin vs
Boxx
Boxx United Kingdom

Inspiring self belief through the power of boxing

Equity Crowdfunding
12 employees

FAQ About Sweatcoin

Virtual currency rewarding physical activity
Sweatcoin was founded in 2015.
Sweatcoin is headquartered in London, United Kingdom.
Sweatcoin operates in the following industries: Crypto, Finance, Health and Wellness, Internet.
Sweatcoin has approximately 176 employees.
Sweatcoin has completed 5 funding rounds, raising a total of $13.60M. The latest funding stage is Initial Coin Offering.
Sweatcoin offers: incentive-based fitness app, movement tracking, reward system for physical activity, charity challenges, data-driven health improvement programs.
Top alternatives and competitors to Sweatcoin include AXA Health, FitXR, Boxx, Paycare, HAMK Entrepreneurship Society. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Sweatcoin and AXA Health are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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